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Santander Scrip Dividend Scheme

The following information is relevant to those shareholders who hold their shares through the Santander Nominee Service.

Santander will implement a scrip dividend scheme again in November 2015 when the first interim dividend is traditionally paid. Shareholders once again had the opportunity to choose whether to receive cash or new shares.

If you are a shareholder who is resident in the EEA (see definition below), and have not previously registered a scrip election with the Santander Nominee Service the default option applied to your holding will be to receive additional new shares, instead of cash, whenever a scrip dividend is offered.  If you do not wish to receive shares, you must either make an election online or complete and return a scrip dividend mandate form by post, choosing either to sell your rights on market or off market to receive cash.

For further details of how we have worked out the default applicable to certain groups of shareholders please refer to the Santander Scrip Dividend Scheme Information Booklet below.

In any event, the default option applicable to you will be as set out in the Dividend Notification Letter sent to you in August 2015, unless changed by you.

The deadline for making a choice for the November 2015 Scrip Dividend was 5 p.m. on 23 October 2015.

Documents summarising key information, about the November 2015 scrip dividend is set out below:

November 2015 - Scrip Dividend Conversion Ratio and Purchase Price (PDF 43 Kb)  

Scrip Dividend Scheme Information Booklet (PDF 383 Kb)

Scrip Dividend Scheme Questions and Answers (PDF 133 Kb)

EEA – Countries within the European Economic Area (PDF 6 Kb) 

For more information on previous Scrip Dividends, please see the following information.

Scrip Dividend History - November 2015 (PDF 143 Kb) 

All shareholders
Please note that this scheme does not apply to the usual cash dividends.
If you have any problems or queries that are not covered in the documents above, please call the Shareholder Helpline on 0371 384 2000 (+44 (0)121 415 7188 from outside the UK).  Lines open 8.30am to 5.30pm (UK time), Monday to Friday (excluding English and Welsh public holidays).

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